Desjardins Financial Security today announced the expansion of its Millennia III Segregated Funds portfolio with the addition of Franklin Templeton Quotential Portfolios, as part of the Millennia lll Turnkey Solutions.
With this new addition to the Millennia III line up, DFS becomes the only national insurance company to offer the Franklin Templeton Quotential Portfolios within a segregated fund.
This Millennia III Plan – New Era contract includes:
- a 100% minimum capital guarantee at death;
- an annual automatic reset of the death benefit when the market value or inflation-adjusted value is higher than the existing death benefit; and
- favourable estate-planning benefits.
“The new Millennia III Franklin Templeton Quotential Portfolios are designed to provide a turnkey approach that simplifies the advisor’s role of rebalancing portfolios to meet client’s investment objectives,” said Monique Tremblay, senior vice president of savings and segregated funds at DFS, in a news release. “Now, individuals can further reap the benefits of diversification normally available to wealthy investors and benefit from the experience and various management styles of a wide array of fund managers, while having a distinctive guarantee of capital only available with segregated funds.”
“We are confident that Quotential will be a distinctive advantage to Desjardins Financial Security as they build a platform of proven investment solutions to provide their clients,” said Don Reed, President and C.E.O. of Franklin Templeton Investments. “We are pleased to expand our partnership within the Desjardins Financial Security Millennia III Segregated Fund platform.”
The Millennia III Franklin Templeton Quotential Portfolios are now available through Desjardins Financial Security distribution partners such as Desjardins Financial Security Independent Network, SFL Partner of Desjardins Financial Security and other independent agencies across Canada.